Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Sadly, this is not a surprise. The disappointment is that KC tried to hide the reality of what is going on and has tanked the SP. His BS timelines are nothing other than arrogance and a disdain for us small PI's.
However, that said, it appears from the wording that the DFS is basically done and complete and positive. There are environmental issues that need tweaking to satisfy various interested bodies and this shouldn't be an issue and is likely to be beneficial. A lack of clear and unequivocal guidance on timing is a continuing bug bear and will see further SP decline.
I expect it will reverse swiftly but whether the days of £1 hoping for £2 will ever return is doubtful as long term holders will bail as they make decent profit. Anyone buying in now (after the assumed drop occurs) will see a lot of profit.
All true Greenmachine67 but the DFS is seriously late in arriving and the latest 'promised' date looks like it will be missed. This is more than unfortunate and smacks of incompetence rather than simply the issues you rightly raise. As for Tom I believe he has spoken with Keith but that is a privilege not afforded to most shareholders. He hasn't answered any of my polite e-mail enquiries to him and being in the UK attending the AGM isn't really a possibility.
Hmm. Reassuring to some extent but you would hardly to expect her to say anything else. She is not in a position to say 'yep, there is substance to the SP drop and the need for a dilutive fund raise'. To shore up the SP we need a substantive positive RNS that gives confidence that all is well and on track. Anything less is not likely to assuage the markets fears.
Keith should absolutely be held to account. I've e-mailed many times with no response. He has not led the project for the last few years since CEZ has been in charge and appears helpless (or unwilling) to do or say anything). I assume we are at the whim of the EU and then CEZ.
No idea why Skelly goes on about the divorce. If he thinks it dodgy with regards to the shares then he should pursue the matter with the authorities. That just smacks of bitterness unless he is willing to state facts openly on the board.
Turn your PC off or get out of the share. You pumped £3 and panicked over a 25% drop.
I could have sold at a £1 for a huge profit. I could have sold at 50p for a decent profit, I could have sold today for a small profit. I didn't. My choice, my mistake.
However, I am angry and disappointed with how things are. I feel let down by Keith and have e-mailed him to express my disgust at the delay and his apparent tardiness in telling us. Maybe it helped save his skin on the BOD?
Will it come good? Probably. Will the DFS occur Q1 2024? Fifty fifty at best. Is it all politics with the useless EU and Cez looking to get us on the cheap? Possibly, but realistically we should be at least 50p (in my simple opinion) and £1 ought to be the starting point for a bid, but when did any of that 'logic' ever matter?
Holding for now in the hope I get back to decent profit.
I have e-mailed Keith for the third time (no response to previous 2 e-mails). It may be fanciful to expect a response but as what I have asked is not speculative or prying for information perhaps he will finally respond. I have asked for an answer re "(a) Tranche 1: on or before 31 December 2022, the Company receiving confirmation in writing in the form of a letter or other official correspondence from the federal government of Germany (or a department acting with delegated authority) or the Saxony regional government of Germany that it will formally support the Cinovec Project and the supply of lithium products from the Cinovec Project into Germany and use its best endeavours to assist the Cinovec Project in permitting and funding, apart from other factors." Surely we are entitled to know the outcome?
I continue to hold and hope for SP growth but the lack of communication and progress is a worry.
... because we are paying all the costs??
What is going to spark some positive share price action? Dramatic fall in August followed by slow drift to boredom. What catalyst or piece of news will see this start to return to previous levels - even 50p rather than the £1 mark? I've been fortunate to take profit here but so disappointing to see the drop over the months. Any thoughts and/or predictions?
I still support KC and have followed up an unanswered e-mail from the end of July with another one today seeking some reassurance and requesting an uptick in communication.
The best response would be to see some real progress and a leap in the SP - that would be good!
Extinction Rebellion manage to smuggle in banners and super glue to HOC and then super glue themselves to the Speakers chair.
Security against these protesters is a big issue let alone extremists looking to stab, shoot and bomb us!
So original
The Czech Republic - EMH - on the border of Germany and central for the car industry.
Wish they would trigger ATH's instead. SP movement has been dire for a long time now.
Simply because your buy was below the mid price so assumed as a sell. No big deal, happens all the time and is indicative only.
Belated thanks
I've forgotten how to access this. Please can you point me in the right direction?
Thanks
Whatever happened to the shares in SBTX we were going to get?
So, I have voted no. Hoping enough PI's see through the BS and force Fowler and Co to be honest. Wishful thinking?
Same with AJ Bell - shocking and a little suss to be frank.